Air Taxis Will Start Commercial Flights in 2025, Honeywell Predicts

Honeywell International Inc. sees the first electric aircraft that take off like helicopters and fly like airplanes beginning commercial flights in 2025, but no air taxi boom until closer to the end of the decade.

Early cases for electric vertical takeoff and landing, or eVTOL, craft will be mostly limited to military and cargo applications, Mike Madsen, the head of Honeywell’s aerospace business, said at a Jefferies conference. Passenger service is still years away and will likely require a pilot for the foreseeable future, but Madsen said air taxis will ultimately be the catalyst for double-digit growth in the nascent industry.